Question 8 (16 marks) Part A (12 marks). Adobe PDF Signatures Note: Part A and Part B below are two independent questions Dr. Pepper started EutureBio, Inc. (FB) on October 1, 2022. a) On October 1, 2022, FB issued 1000 common shares to Dr. Pepper in exchange for $100,000 in cash. Also, the following events occurred in December 2022. b) On December 1, 2022, FB borrowed $1,200,000, 5-year loan, bearing 8% interest. c) On December 10, 2022, FB issued 1000 preferred Class A shares to investors for $500 each. The articles of incorporation (charter) disclosed that the Class A, non-cumulative preferred shares had a stated value o share. e of $200 per d) On December 28, 2022, FB declared and paid a 5% stock dividend on the common shares. The market value of the common shares before the announcement of the stock dividend was $ 80 per share. e) On December 30, 2022, FB paid a dividend to the common shareholders of record of $50 per share. Required: Please prepare the necessary journal entries for the above transactions as well as any adjusting entries required at the year-end date December 31, 2022. Narratives are NOT required. Account Debit Credit Date 10/1/2022 12/1/2022 12/10/2022 12/28/2022 12/30/2022 12/31/2022 Page 11 of 14 2781 words Focus 11 100%